First Read Hits & Takes John Lothian & JLN Staff With an impending government shutdown predicted, the CFTC sent out a notice that CFTC Chairman Rostin Behnam would participate in a fireside chat with FIA President and CEO Walt Lukken at next week’s FIA EXPO. That can only mean my prediction of a pre-recorded chairman’s […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Today we have a two-part video of an interview I shot two days ago with Cboe’s John Hiatt and S&P Dow Jones Indices’ Tim Edwards about the new S&P 500 Dispersion Index, which started being distributed yesterday. In the interview, I talked to Hiatt and […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Ask and thou shall receive. And boy did Cboe Global Markets deliver on my ask, and then some, and then some more. The request I refer to is Cboe’s position on the Spikes lawsuit in which it sued the SEC (Cboe Futures Exchange, LLC v. […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Tomorrow Cboe Global Markets and S&P Dow Jones Indices are launching the Cboe S&P 500 Dispersion Index, jointly developed by Cboe Labs, the company’s innovation arm, and S&P DJI. Cboe says this “new index is the latest addition to Cboe’s volatility index suite and aims […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Cheryl and I are safely home from Bermuda and The World Federation of Exchanges Annual Meeting. We also celebrated our 34th wedding anniversary, so as the saying goes, happy wife, happy life. Now, back to work. Today we have two sponsored content messages in JLN, […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff In a keynote address at the World Federation of Exchanges (WFE) General Annual Meeting in Bermuda, CFTC Commissioner Kristin Johnson delivered a thought-provoking speech highlighting the challenges and opportunities presented by the twin peaks of (dis)intermediation and (de)centralization in the financial markets. Commissioner Johnson began […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The new chairman of The World Federation of Exchanges is Loh Boon Chye, chief executive of the Singapore Exchange, and Jos Dijsselhof, chief executive of SIX, has been named vice chair, The Trade reported and Nandini Sukumar announced at the WFE General meeting. Sitting in […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff I had just landed in Charlotte, NC yesterday morning on my way to Bermuda and the WFE’s General Annual meeting and I turned off airplane mode on my phone. The first text quickly flashed on my phone with the message, “Ed Tilly has resigned as […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Huge news broke this morning and John is traveling to the WFE General Annual meeting in Bermuda and is unavailable to comment in Hits & Takes. A Cboe press release, along with stories in several major publications, reported that Ed Tilly has resigned as CEO […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff I am headed to Bermuda tomorrow morning and the newsletter will be in the hands of the capable JLN team to produce and publish. I will contribute what I can tonight. Cheryl and I are flying to Bermuda by way of Charlotte to The World […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The ribbon-cutting, office unveiling party held by Trading Technologies yesterday was a big success, with a good turnout of industry participants, TT alumni and the 7Ridge team. In for a TT board meeting from 7Ridge were Carsten Kengeter, Veronica Augustsson and Jeff Maron. Keith Todd […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Today Trading Technologies unveils their new offices in Chicago while also celebrating being named to “Crain’s Chicago Business Best Places to Work 2023.” Crain’s recognizes firms in Chicago that “according to their employees, go above and beyond in putting a focus on quality workplace culture.” […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The Full FX is holding a one day event on the sidelines of the FIA EXPO on October 3 at the Sheraton Grand Chicago Riverwalk from 9:00 AM – 5:00 PM CDT. The event is free to asset managers, corporates, hedge funds, CTAs and prop […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The Spikes futures funeral has been put on hold as MIAX has filed a petition to the Washington, DC Court of Appeals asking them to review the matter. This starts a new 60-day clock that will keep Spikes futures trading through January 1, 2024. What […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The FIA and several of its fellow trade associations, which collectively represent European end users of derivatives along with providers of clearing services, have published a joint statement on the European Commission’s proposed Active Account Requirement under the European Market Infrastructure Regulation (EMIR 3.0). The […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff I guess I am not going to the FIA Washington Update today at the Union League Club after all. I forgot to register before registration closed, but that does not matter as the fine print for the event says, “This event is closed to press.” […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Did you know that today is “International Day of Charity?” The date of September 5 was chosen in order to commemorate the anniversary of the passing of Mother Teresa of Calcutta, who received the Nobel Peace Prize. Our friends from Deutsche Boerse’s OneGlobalTeam were busy […]
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